95.Report format （报表格式之一）

A classified balance sheet with the assets at the top.

Example:

Balance Sheet, January 31,20X2

Assets 1999 1998

Current assets

Cash

Accounts receivable

……

Total current assets

Long-term assets

Store equipment

Accumulated depreciation

Total assets

Liabilities and Owners’ Equity 1999 1998

Current liabilities

Note payable

Accounts payable

…

Total current liabilities

Stockholder’s equity

Paid-in capital

Retained income

Total liabilities and owners’ equity

96.Account format （报表格式之二）

A classified balance sheet with the assets at the left.

Example:

Balance Sheet, January 31,20X2

Assets Liabilities and Owners’ Equity

Current assets Current liabilities

Cash Note payable

Accounts receivable Accounts payable

… …

Total current assets Total current liabilities

Long-term assets Stockholder’s equity

Store equipment Paid-in capital

Accumulated depreciation Retained income

Total Total

97.Single-step income statement (单一步骤收入表)

An income statement that groups all revenues together and then lists and deducts all expenses together without drawing any intermediate subtotals.

98.Multiple-step income statement (复合步骤收入表)

An income statement that contains one or more subtotals that highlight significant relationships.

99.Gross profit (gross margin) （毛利）

The excess of sales revenue over the cost of the inventory that was sold.

100.Operating income (operating profit) （营业收入）

Gross profit less all operating expenses.